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Overcoming Historic Preservation Barriers: Stephen Chacko on Developing in Fort Worth
Manage episode 444558787 series 3428608
Вміст надано American Potential. Весь вміст подкастів, включаючи епізоди, графіку та описи подкастів, завантажується та надається безпосередньо компанією American Potential або його партнером по платформі подкастів. Якщо ви вважаєте, що хтось використовує ваш захищений авторським правом твір без вашого дозволу, ви можете виконати процедуру, описану тут https://uk.player.fm/legal.
In this episode of American Potential, guest Stephen Chacko, a real estate developer from Texas, joins host Jeff Crank to share his story of navigating unexpected challenges after purchasing a property in Fort Worth. Chacko discovered that his multifamily apartment complex had a historical overlay—something he wasn’t aware of when he bought the property.
This designation has prevented him from making necessary energy-efficient upgrades and safety improvements, ultimately affecting his tenants. Chacko discusses the economic hardships created by the historical designation and the difficulties in working with local authorities to find a resolution. Despite the setbacks, he remains determined to improve his property and create a better living environment for his tenants.
Tune in to hear how Stephen is fighting against unnecessary regulatory barriers while working toward a positive outcome for his community.
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